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  33. <title>What is the Polkadot Slots Auction (DOT) and How it Works at Binance</title>
  34. <link>https://digiitallife.com/what-is-the-polkadot-slots-auction-dot-and-how-it-works-at-binance/</link>
  35. <dc:creator><![CDATA[akbarnoire]]></dc:creator>
  36. <pubDate>Sun, 11 May 2025 07:29:00 +0000</pubDate>
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  39. <guid isPermaLink="false">https://digiitallife.com/?p=4570</guid>
  40.  
  41. <description><![CDATA[You can earn rewards by supporting your favorite Polkadot DOT projects. Cryptocurrency holders now have the chance to get more tokens with the DOT Slots Auction at Binance Earn. This is the safest and easiest way to earn rewards supporting your favorite Polkadot (DOT) projects. After years of development, the Polkadot project is ready to ... <a title="What is the Polkadot Slots Auction (DOT) and How it Works at Binance" class="read-more" href="https://digiitallife.com/what-is-the-polkadot-slots-auction-dot-and-how-it-works-at-binance/" aria-label="Read more about What is the Polkadot Slots Auction (DOT) and How it Works at Binance">Read more</a><div class='yarpp yarpp-related yarpp-related-rss yarpp-template-list'>
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  55. </div>
  56. ]]></description>
  57. <content:encoded><![CDATA[<p><span style="font-weight: 400;">You can earn rewards by supporting your favorite Polkadot DOT projects.</span></p>
  58. <p><span style="font-weight: 400;">Cryptocurrency holders now have the chance to get more tokens with the DOT Slots Auction at Binance Earn. This is the safest and easiest way to earn rewards supporting your favorite Polkadot (DOT) projects.</span></p>
  59. <p><span style="font-weight: 400;">After years of development, the Polkadot project is ready to launch so-called &#8220;parachains,&#8221; parallel blockchains that connect to the main network but have their own governance and token.</span></p>
  60. <p><span style="font-weight: 400;">Since there are a limited number of so-called parachain slots, the Polkadot team decided to hold an auction of these slots.</span></p>
  61. <p><span style="font-weight: 400;">The anticipated DOT slot auctions started in November 2021 and Binance, one of the largest cryptocurrency exchanges in the world, supports the development of the Polkadot ecosystem by providing support for the auctions.</span></p>
  62. <p><span style="font-weight: 400;">Binance users can participate in the Polkadot Parachain Slots auctions on the Binance Earn platform. </span></p>
  63. <p><span style="font-weight: 400;">In addition to supporting your favorite Polkadot projects you can also generate passive income rewards.</span></p>
  64. <p><span style="font-weight: 400;">Find out how to use your DOT holdings and participate in the DOT slots auction to earn more tokens.</span></p>
  65. <h2><span style="font-weight: 400;">What is a Slot Auction </span></h2>
  66. <p><span style="font-weight: 400;">The Polkadot Slots Auction (DOT) is a parachain auction that aims to allocate slots (vacancies) to projects that wish to operate on the network.</span></p>
  67. <p><span style="font-weight: 400;">Simply put, parachains are customizable blockchains that run parallel to the Relay Chain of the Polkadot ecosystem.</span></p>
  68. <p><span style="font-weight: 400;">When integrated, these parachains benefit from the basic features and security of the main chain.</span></p>
  69. <p><span style="font-weight: 400;">The Relay Chain currently supports about 100 parachains running at the same time.</span></p>
  70. <p><span style="font-weight: 400;">Since the number of slots is limited, the Polkadot team created the Parachain Slot Auction so that projects can compete and thus distribute the parachains more fairly.</span></p>
  71. <p><span style="font-weight: 400;">To obtain a slot, the project must win an auction by staking DOT.</span></p>
  72. <p><span style="font-weight: 400;">In other words, those who lock more DOTs than other bidding projects can rent the slot and become a Polkadot parachain.</span></p>
  73. <p><span style="font-weight: 400;">This process will be valid for both initial release and renewal at the expiration period of the lease. </span></p>
  74. <p><span style="font-weight: 400;">The Polkadot lease period has a maximum duration of 96 weeks.  </span></p>
  75. <p><span style="font-weight: 400;">The time limit for bids is determined randomly after the opening phase of the auction. </span></p>
  76. <p><span style="font-weight: 400;">The project with the most bids is the winner. </span></p>
  77. <p><span style="font-weight: 400;">For example, if the auction lasts 14 days and the random snapshot drawn is 48 hours, all bids made after that period would not count in determining the winner.</span></p>
  78. <p><span style="font-weight: 400;">Once the winner is determined, all DOT wagered is locked for the entire rental period. </span></p>
  79. <p><span style="font-weight: 400;">During the lockout period, the winning project will distribute its tokens as a reward to sponsors on a quarterly basis. </span></p>
  80. <p><span style="font-weight: 400;">The auctions started on November 11 with 1 new auction each week for the first batch of 5 auctions.</span></p>
  81. <p><span style="font-weight: 400;">A subsequent batch of 6 auctions is scheduled to begin on December 23, 2021 with an auction occurring every two weeks.</span></p>
  82. <p><span style="font-weight: 400;">The auction schedule is determined by the Polkadot board and is subject to change.</span></p>
  83. <h2><span style="font-weight: 400;">What is the Binance DOT Slots Auction</span></h2>
  84. <p><span style="font-weight: 400;">Binance offers support for the slot auction. Through Binance Earn cryptocurrency Holders have the chance to staking DOT and get tokens from the most exciting and innovative projects on the market</span></p>
  85. <p><span style="font-weight: 400;">This is an easy and safe way to participate in Polkadot&#8217;s Parachain slot auctions.</span></p>
  86. <p><span style="font-weight: 400;">You can vote for different slot auction projects at Binance and get rewards. </span></p>
  87. <p><span style="font-weight: 400;">To participate, log in with your Binance account at Binance Earn. </span></p>
  88. <p><span style="font-weight: 400;">The steps to join are simple. First, wager your DOT through Binance&#8217;s DOT slot auction and vote for your favorite project. </span></p>
  89. <p><span style="font-weight: 400;">If the project wins, you will receive a share of the new project&#8217;s tokens.</span></p>
  90. <h2><span style="font-weight: 400;">Stages of the Binance DOT Slot Auction</span></h2>
  91. <p><span style="font-weight: 400;">Binance&#8217;s DOT slots auction process is different from other auctions in that it offers the opportunity to support innovative projects and still earn token rewards.</span></p>
  92. <p><span style="font-weight: 400;">The DOT Slots Auction was launched on Binance on November 4, 2021 and consists of the following steps: </span></p>
  93. <h3><span style="font-weight: 400;">Warm-up Period</span></h3>
  94. <p><span style="font-weight: 400;">The Warm-up Period or Preparation Period occurs in a 7-day period before the official start of the auction.</span></p>
  95. <p><span style="font-weight: 400;">In the case of the first lot, it took place at Binance between November 4, 2021 to November 11, 2021.</span></p>
  96. <p><span style="font-weight: 400;">Users who wager their DOT in advance during the warm-up period have their participation rewarded with a &#8220;warm-up bonus&#8221; of $30 million shared and distributed to users according to their voting power before the auction begins.</span></p>
  97. <p><span style="font-weight: 400;">The DOT wagered is locked and is inaccessible until the auction period ends.</span></p>
  98. <h3><span style="font-weight: 400;">Auction Period</span></h3>
  99. <p><span style="font-weight: 400;">Auction Period or Funding Period is the time the auction is open for you to vote by wagering your DOT on your favorite project(s). </span></p>
  100. <h3><span style="font-weight: 400;">Reward Distribution</span></h3>
  101. <p><span style="font-weight: 400;">Projects that win the slot auction will lock in the assets wagered according to the project&#8217;s lease period and Binance will begin distributing rewards to participants.</span></p>
  102. <h3><span style="font-weight: 400;">Auction Results</span></h3>
  103. <p><span style="font-weight: 400;">If the project you chose wins the auction slot, your DOT will be locked for a maximum of two years. </span></p>
  104. <p><span style="font-weight: 400;">However, Binance will issue the BDOT, a tokenized asset that represents the DOT staking in a 1:1 ratio to be used while your DOT is locked.</span></p>
  105. <p><span style="font-weight: 400;">In other words, you will have liquidity even during the staking period. </span></p>
  106. <h2><span style="font-weight: 400;">Benefits of Binance&#8217;s DOT Slot Auctions</span></h2>
  107. <p><span style="font-weight: 400;">The main benefit of voting for parachain slot auction projects at Binance is getting extra rewards by participating in the staging period.</span></p>
  108. <p><span style="font-weight: 400;">In addition, if the project you support wins, you will also receive the rewards from the voting. Binance will distribute 100% voting rewards to participants based on the amount of DOT you have locked up.</span></p>
  109. <p><span style="font-weight: 400;">Along with other Binance Earn products, the DOT Slot auction benefits from Binance&#8217;s robust ecosystem and security. </span></p>
  110. <p><span style="font-weight: 400;">The largest cryptocurrency exchange does all the hard work, leaving you with a simple way to earn passive income from your DOT. </span></p>
  111. <p><span style="font-weight: 400;">Binance&#8217;s DOT slot auction benefits include:</span></p>
  112. <ul>
  113. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Warm-up bonuses of $30 million in rewards for the first participants who vote for DOTs;</span></li>
  114. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">User funds safe and secure on the Binance platform;</span></li>
  115. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Simple voting mechanism;</span></li>
  116. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">User-friendly, even for those who are not cryptocurrency experts;</span></li>
  117. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Bigger rewards;</span></li>
  118. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">No minimum bet amount. You can start with as little as 0.0001 DOT.</span></li>
  119. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Liquidity. Even with your DOT locked, Binance issues an indexed BDOT token at a 1: 1 ratio for you to use.</span></li>
  120. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">How to participate in Binance&#8217;s DOT slot auction</span></li>
  121. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Participating in Binance&#8217;s DOT slot auction is very simple. Here&#8217;s step by step how you can wager and maybe earn rewards.</span></li>
  122. </ul>
  123. <p><span style="font-weight: 400;">First, log in to Binance Earn and search for DOT Slot Auction.</span></p>
  124. <p><span style="font-weight: 400;">On the DOT slot auction page you will find the overview of the ongoing projects. By clicking on one of them you can see more information.</span></p>
  125. <p><span style="font-weight: 400;">Once you have chosen your favorite project, click on [Vote] and enter the amount of DOT you wish to contribute.</span></p>
  126. <h2><span style="font-weight: 400;">Is the DOT slot auction worth it?</span></h2>
  127. <p><span style="font-weight: 400;">The DOT (Polkadot Slot Auction) is a new way to invest. It allows you to get involved with the Polkadot ecosystem by helping the project you find most innovative while earning rewards.</span></p>
  128. <p><span style="font-weight: 400;">By using Binance Earn, you get all the support and security of the platform of the world&#8217;s largest cryptocurrency exchange.</span></p>
  129. <p><span style="font-weight: 400;">Choose your project and make your DOT work for you.</span></p>
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  145. ]]></content:encoded>
  146. <post-id xmlns="com-wordpress:feed-additions:1">4570</post-id> </item>
  147. <item>
  148. <title>What is Metaverse and How to Invest &#124; Full Guide &#8211; 2024</title>
  149. <link>https://digiitallife.com/what-is-metaverse-and-how-to-invest/</link>
  150. <dc:creator><![CDATA[akbarnoire]]></dc:creator>
  151. <pubDate>Sat, 10 May 2025 19:20:37 +0000</pubDate>
  152. <category><![CDATA[Apps and Sites]]></category>
  153. <category><![CDATA[Cryptocurrency]]></category>
  154. <guid isPermaLink="false">https://digiitallife.com/?p=4567</guid>
  155.  
  156. <description><![CDATA[With many projects tied to crypto-activities, the metaverse is seen as the new big investment. Metaverse has become the biggest buzzword of the moment in technology and every investor wants a piece of it. But what really is metaverse and what are the great opportunities to make money in it? The emergence of Bitcoin (BTC) ... <a title="What is Metaverse and How to Invest &#124; Full Guide &#8211; 2024" class="read-more" href="https://digiitallife.com/what-is-metaverse-and-how-to-invest/" aria-label="Read more about What is Metaverse and How to Invest &#124; Full Guide &#8211; 2024">Read more</a><div class='yarpp yarpp-related yarpp-related-rss yarpp-template-list'>
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  169. </ol>
  170. </div>
  171. ]]></description>
  172. <content:encoded><![CDATA[<p><span style="font-weight: 400;">With many projects tied to crypto-activities, the metaverse is seen as the new big investment.</span></p>
  173. <p><span style="font-weight: 400;">Metaverse has become the biggest buzzword of the moment in technology and every investor wants a piece of it. But what really is metaverse and what are the great opportunities to make money in it?</span></p>
  174. <p><span style="font-weight: 400;">The emergence of Bitcoin (BTC) in 2008 was the first step in the emergence of a new digital ecosystem that has gained a lot of momentum in recent years. </span></p>
  175. <p><span style="font-weight: 400;">As a result, terms such as blockchain, token, cryptocurrencies, and NFTs are now part of the vocabulary of many technology enthusiasts. </span></p>
  176. <p><span style="font-weight: 400;">Within this whole revolution, the so-called metaverse has recently gained a lot of momentum after Facebook officially changed its name to Meta.</span></p>
  177. <p><span style="font-weight: 400;">Other major companies have also made announcements about what is seen as one of the great promises for the next decade and another step in the development of crypto technology.</span></p>
  178. <p><span style="font-weight: 400;">We have already had early indications of the potential size of the metaverse economy with virtual land within the blockchain-based metaverses Decentraland and Axie Infinity being sold for over $2 million.</span></p>
  179. <p><span style="font-weight: 400;">The future of the Internet is not so far off. Several projects and products have already employed this since the early 2000s.</span></p>
  180. <p><span style="font-weight: 400;">The forerunners of the metaverse include Second Life, launched by Linden Lab in 2003 and Habbo Hotel, made by Finnish company Sulake. </span></p>
  181. <p><span style="font-weight: 400;">Today the best known metaverses are in the universe of online games such as Fortnite, Minecraft and Roblox.</span></p>
  182. <p><span style="font-weight: 400;">The big revolution is not in the concept of virtual immersion, but in linking these projects to crypto-activities, which can give users more control and allow them to earn money.</span></p>
  183. <p><span style="font-weight: 400;">This is known as the Web3 metaverse, a metaverse built on blockchains and includes art galleries launching NFTs, games and casinos where players earn tokens, digital advertising billboards, and artist shows entirely in the virtual world.</span></p>
  184. <p><span style="font-weight: 400;">The increased interest in the metaverse has also been seen in crypto-related assets, which have appreciated considerably.</span></p>
  185. <p><span style="font-weight: 400;">Some assets that are drawing attention in 2021 are Axie Infinity (AXS), a token from the game of the same name that has jumped nearly 24,000% in less than a year.</span></p>
  186. <p><span style="font-weight: 400;">As well as metaverse cryptos Decentraland (MANA) and The Sandbox (SAND), which are up 6,000% and 19,600% in the year, respectively.</span></p>
  187. <p><span style="font-weight: 400;">The metaverse is a promising new space with many opportunities.</span></p>
  188. <p><span style="font-weight: 400;">Read on and see what metaverse is and how to invest in the virtual world to make money in the real world.</span></p>
  189. <h2><span style="font-weight: 400;">What is a Metaverse?</span></h2>
  190. <p><span style="font-weight: 400;">The term metaverse refers to different virtual environments in which people can play games, build things, socialize, work, and even trade and earn crypto-actives.</span></p>
  191. <p><span style="font-weight: 400;">It is a combination of various elements of technology, including virtual reality, augmented reality, and video.</span></p>
  192. <p><span style="font-weight: 400;">As the metaverse expands, it will offer an alternative world for people to coexist in, take on new identities, look as they wish, and perform activities possible only within this universe.</span></p>
  193. <p><span style="font-weight: 400;">Supporters imagine their users working, connecting with friends, going to concerts, conferences and virtual travel all within the metaverse.</span></p>
  194. <p><span style="font-weight: 400;">The term &#8220;metaverse&#8221; was originally used by author Neal Stephenson in his science fiction book &#8220;Snow Crash,&#8221; published in 1992, in which he imagined realistic avatars standing in 3D buildings and other virtual reality environments.</span></p>
  195. <h2><span style="font-weight: 400;">How does the metaverse work? </span></h2>
  196. <p><span style="font-weight: 400;">The term metaverse covers a wide variety of virtual realities, from workplace tools to games and community platforms.</span></p>
  197. <p><span style="font-weight: 400;">This &#8220;parallel world&#8221; will be created from a variety of technologies, such as virtual reality, augmented reality, artificial intelligence and cryptocurrencies, all to transport the user into immersive, interactive experiences with a high degree of realism.</span></p>
  198. <p><span style="font-weight: 400;">&#8220;You can think of the metaverse as a materialized internet, where instead of just seeing the content, you&#8217;re inside it,&#8221; Mark Zuckerberg explained in an interview.</span></p>
  199. <p><span style="font-weight: 400;">For the owner of Meta (FBOK34), formerly Facebook, people would wear glasses to view digital items in the real world and &#8220;access&#8221; the metaverse at any time.</span></p>
  200. <p><span style="font-weight: 400;">But you don&#8217;t even have to go that far. Variations of the metaverse have been around for years, but so far they have been closed worlds. </span></p>
  201. <p><span style="font-weight: 400;">Metaverse enthusiasts envision a virtual reality in which the user could move freely between different digital worlds. </span></p>
  202. <p><span style="font-weight: 400;">They could even have a single virtual identity, in the form of an avatar, and would pay for products and services using a universally accepted cryptocurrency.</span></p>
  203. <p><span style="font-weight: 400;">Many of the new metaverse platforms are being built on blockchain technology, using cryptocurrencies and non-fungible tokens (NFTs).</span></p>
  204. <p><span style="font-weight: 400;">In this way, a new type of decentralized digital asset is being built, acquired, and monetized.</span></p>
  205. <p><span style="font-weight: 400;">Platforms such as Decentraland and The Sandbox, for example, already allow people to buy virtual plots of land and build their own environments.</span></p>
  206. <h2><span style="font-weight: 400;">What are the benefits of the metaverse?</span></h2>
  207. <p><span style="font-weight: 400;">The great advantage of the metaverse is the possibility of creating experiences in the virtual world, where people can interact with friends, watch movies, fashion shows, meet in offices, buy clothes, land, and other products and services.</span></p>
  208. <p><span style="font-weight: 400;">The metaverse will also enable new experiences, a place where people can even take on new identities, making room for new practices, sociological routines and mentalities.</span></p>
  209. <p><span style="font-weight: 400;">Another benefit that comes associated with this new virtual universe is the possibility of earning tokens in the real world, in addition to trading, sales and advertising within the metaverse.</span></p>
  210. <p><span style="font-weight: 400;">For crypto-active manager Grayscale, the metaverse has the potential to become a $1 trillion annual revenue opportunity across the worlds of advertising, digital events, e-commerce, and hardware.</span></p>
  211. <h2><span style="font-weight: 400;">How to invest in the Metaverse?</span></h2>
  212. <p><span style="font-weight: 400;">Cryptocurrencies that offer a value for Web 3.0 infrastructure are among analysts&#8217; top bets for making money with metaverse.</span></p>
  213. <p><span style="font-weight: 400;">It is possible to invest directly in a specific metaverse by buying its governance currency or core NFT assets.</span></p>
  214. <p><span style="font-weight: 400;">There are several virtual world games where there is a currency and internal economy, as well as sales of space, accessories, clothing for avatars, and even paid roles for players.</span></p>
  215. <p><span style="font-weight: 400;">In blockchain-based metaverse projects it is possible to earn coins and other assets that can be exchanged for other digital goods and real-world money.</span></p>
  216. <p><span style="font-weight: 400;">The metaverse is seen as the next big investment theme, even some stock sectors are already benefiting.</span></p>
  217. <p><span style="font-weight: 400;">So another way to get exposure to the metaverse is to buy bonds, mutual funds, ETFs, and stocks of companies that are developing the technology.</span></p>
  218. <p><span style="font-weight: 400;">Here are the main assets to make money with metaverse</span></p>
  219. <h3><span style="font-weight: 400;">Cryptocurrencies</span></h3>
  220. <p><span style="font-weight: 400;">Several blockchain-based platforms require cryptocurrencies to buy or trade virtual assets within this universe.</span></p>
  221. <p><span style="font-weight: 400;">Among the projects in the metaverse that have stood out strongly and had strong appreciation of their digital currencies are:</span></p>
  222. <ul>
  223. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Decentraland (MANA);</span></li>
  224. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The Sandbox (SAND);</span></li>
  225. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Star Atlas (ATLAS);</span></li>
  226. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Axie Infinity (AXS);</span></li>
  227. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Gala Games (GALA);</span></li>
  228. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Ilivium (ILV);</span></li>
  229. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Realm (REALM);</span></li>
  230. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Enjin Coin (ENJ);</span></li>
  231. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NELO Metaverse (NELO);</span></li>
  232. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">SPACE SIP (SIP);</span></li>
  233. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">UFO Gaming (UFO);</span></li>
  234. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Render Token (RNDR);</span></li>
  235. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Starlink (STARL);</span></li>
  236. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Vulcan Forged (PYR).</span></li>
  237. </ul>
  238. <h3><span style="font-weight: 400;">NFTs</span></h3>
  239. <p><span style="font-weight: 400;">Another way to invest crypto-actives in the metaverse is by buying NFTs, i.e. other assets traded within this universe.</span></p>
  240. <p><span style="font-weight: 400;">On Decentraland, for example, users can trade NFT artworks, charge admission to a virtual exhibition or concert, and earn money by trading land.</span></p>
  241. <p><span style="font-weight: 400;">At Roblox, users can make money by charging other users for access to the games they create.</span></p>
  242. <h3><span style="font-weight: 400;">ETFs</span></h3>
  243. <p><span style="font-weight: 400;">ETF funds have already joined the metaverse trend with portfolios with positions in assets involved in the technology. </span></p>
  244. <p><span style="font-weight: 400;">The Roundhill Ball Metaverse ETF (META), launched in June 2021, is a metaverse ETF that tracks the Ball Metaverse Index (&#8220;META Index&#8221;).</span></p>
  245. <p><span style="font-weight: 400;">By investing in global companies that are actively involved in the Metaverse, the product offers investors exposure to this new market.</span></p>
  246. <p><span style="font-weight: 400;">On its blade are companies that can provide computing power, networking, virtual platforms, cybersecurity, chips, identity services, and other technologies.</span></p>
  247. <p><span style="font-weight: 400;">Among the names are companies such as Nvidia (NVDC34), Microsoft (MSFT34), Roblox (R2BL34), Tencent, Unity (U2ST34), Amazon (AMZO34) and Qualcomm (QCOM34).</span></p>
  248. <p><span style="font-weight: 400;">Investors can also buy Grayscale Decentraland Trust, the first security with exposure to the MANA token, avoiding the challenges of buying, storing and storing the cryptocurrency.</span></p>
  249. <p><span style="font-weight: 400;">With the advancement of technology and greater investor interest, the options for metaverse mutual funds will certainly increase.</span></p>
  250. <h3><span style="font-weight: 400;">Stocks </span></h3>
  251. <p><span style="font-weight: 400;">One way to invest in metaverse is by buying shares of companies involved in the development of the technology, as many companies are creating strategies to enter this market.</span></p>
  252. <p><span style="font-weight: 400;">Meta (FBOK34), formerly Facebook, is a good example of this. The company has already been investing in technologies associated with this space to create its own virtual world. </span></p>
  253. <p><span style="font-weight: 400;">According to Seeking Alpha, the giant has 20% of its entire workforce engaged in the Reality Lab division to develop virtual and augmented reality technologies. </span></p>
  254. <p><span style="font-weight: 400;">Mark Zuckerberg has already been showing interest in the metaverse for almost a decade, when in 2014 he announced the purchase of Oculus VR, the company responsible for the Oculus Rift virtual reality glasses.</span></p>
  255. <p><span style="font-weight: 400;">Another company already inserted in this universe is Epic Games (EPOR), developer of the game &#8220;Fortnite&#8221; that offers users several experiences, such as gathering a group of friends to watch movies, creating an island with its own rules and joining other players in a survival battle. </span></p>
  256. <p><span style="font-weight: 400;">Immersive experiences include aerial obstacle courses, boat races, and even live concerts by famous artists.</span></p>
  257. <p><span style="font-weight: 400;">However, other companies are eyeing the Metaverse and plan to play a role in its growth.</span></p>
  258. <p><span style="font-weight: 400;">The video game platform Roblox Corporation (R2BL34) has spoken openly about its vision for the metaverse.</span></p>
  259. <p><span style="font-weight: 400;">It envisions the metaverse as a place where &#8220;people can come together in millions of 3D experiences to learn, work, play, create, and socialize.&#8221;</span></p>
  260. <p><span style="font-weight: 400;">Roblox aims to provide users and developers with ways to create digital worlds. Its CEO also talked about future purchases and conducting business on the platform, which has its own virtual economy powered by its Robux currency.</span></p>
  261. <p><span style="font-weight: 400;">Nvidia (NVDC34), known for its graphics cards, essential components for high-end gaming devices, has mentioned the metaverse several times.</span></p>
  262. <p><span style="font-weight: 400;">The computer chip maker has built its Omniverse platform to connect 3D worlds into a shared virtual universe. </span></p>
  263. <p><span style="font-weight: 400;">Another company in this area is Qualcomm (QCOM34) which provides chips for VR devices.</span></p>
  264. <p><span style="font-weight: 400;">Unity Software (U2ST34), which develops software used to design video games, is another that could sell tools or technology used to build the metaverse</span></p>
  265. <p><span style="font-weight: 400;">Microsoft (MSFT34) is betting on the enterprise space with artificial intelligence and mixed reality components to help companies develop &#8220;metaverse applications.&#8221;</span></p>
  266. <p><span style="font-weight: 400;">The company still owns Xbox and the world-building game Minecraft.</span></p>
  267. <p><span style="font-weight: 400;">Snap Inc (SNAP), the company responsible for Snapchat, has long created custom avatars and augmented reality filters to overlay digital features on the real world. </span></p>
  268. <p><span style="font-weight: 400;">This year, it unveiled its first augmented reality glasses.</span></p>
  269. <p><span style="font-weight: 400;">Sony (SNEC34), meanwhile, is betting on its PlayStation VR headset, and has also made a $250 million investment in Epic Games to foster technology development.</span></p>
  270. <p><span style="font-weight: 400;">Alphabet (GOGL34), Google&#8217;s parent company, has a big lead in the metaverse, but is still working cautiously.</span></p>
  271. <p><span style="font-weight: 400;">Most of the projects are focused on augmented reality, although it has some in virtual reality as well. </span></p>
  272. <p><span style="font-weight: 400;">The company is working on making Google Maps and YouTube work in VR and AR environments, as well as Google Earth VR for Oculus Rift users to explore virtually anywhere in the world, and improvements to Google Lens.</span></p>
  273. <p><span style="font-weight: 400;">Although Apple (AAPL34) has not spoken out, it has the technology to become a giant in the metaverse. </span></p>
  274. <p><span style="font-weight: 400;">So much so that popular Apple tracking site MacRumors speculates that the company has hundreds of people quietly working on various products, including an AR and VR compatible headset and AR glasses. </span></p>
  275. <p><span style="font-weight: 400;">E-commerce giant Amazon (AMZO34) has several media offerings, is also seen as a potential player in the metaverse.</span></p>
  276. <p><span style="font-weight: 400;">Cloud software company Autodesk (A1UT34) makes programs used by architects and engineers to design and create buildings and products. Its software is also used to build virtual worlds for gaming and entertainment.</span></p>
  277. <p><span style="font-weight: 400;">Chinese tech giant Tencent Holdings is the world&#8217;s largest video game company by revenue and has stakes in major game studios like Epic Games and Activision Blizzard. </span></p>
  278. <h2><span style="font-weight: 400;">Is it worth investing in the metaverse?</span></h2>
  279. <p><span style="font-weight: 400;">The big tech companies are betting on the metaverse. Meanwhile, online games like Fortnite, Minecraft and Roblox have already become phenomena.</span></p>
  280. <p><span style="font-weight: 400;">Blockchain technology with cryptocurrencies and non-fungible tokens (NFTs) make it easier to buy and sell things within the metaverse, opening up commercial opportunities. </span></p>
  281. <p><span style="font-weight: 400;">Most importantly, these tokens also make it possible to make money.</span></p>
  282. <p><span style="font-weight: 400;">The big bet is that the metaverse has the potential to revolutionize our lifestyle and communication.</span></p>
  283. <p><span style="font-weight: 400;">Although it is still an up-and-coming tool, which may or may not establish itself prominently in the market, it is possible to make an estimate from the valuation of the leading companies creating technologies for metaverses.</span></p>
  284. <p><span style="font-weight: 400;">Morgan Stanley is also betting on the metaverse as the next big investment and says that many stocks are already benefiting.</span></p>
  285. <p><span style="font-weight: 400;">The metaverse should be closely watched by investors. There are still many things to happen and many investment opportunities.</span></p>
  286. <p><span style="font-weight: 400;">In this case, the same advice applies to all investments. Invest according to your investor profile and have a diversified portfolio.</span></p>
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  303. <post-id xmlns="com-wordpress:feed-additions:1">4567</post-id> </item>
  304. <item>
  305. <title>NVIDIA&#8217;s Rama Akkiraju Discusses AI&#8217;s Role in Bridging Business and Technology</title>
  306. <link>https://digiitallife.com/nvidias-rama-akkiraju-discusses-ais-role-in-bridging-business-and-technology/</link>
  307. <dc:creator><![CDATA[akbarnoire]]></dc:creator>
  308. <pubDate>Sat, 10 May 2025 16:39:03 +0000</pubDate>
  309. <category><![CDATA[Useful info]]></category>
  310. <guid isPermaLink="false">https://digiitallife.com/nvidias-rama-akkiraju-discusses-ais-role-in-bridging-business-and-technology/</guid>
  311.  
  312. <description><![CDATA[&#13; &#13; &#13; Rebeca Moen&#13; May 07, 2025 14:39&#13; &#13; NVIDIA&#8217;s Rama Akkiraju explores the critical role of AI platform architects in aligning business strategies with technical execution, emphasizing the evolution of AI infrastructure. &#13; &#13; &#13; &#13; In a recent discussion on NVIDIA&#8217;s AI Podcast, Rama Akkiraju, Vice President of IT for AI and ... <a title="NVIDIA&#8217;s Rama Akkiraju Discusses AI&#8217;s Role in Bridging Business and Technology" class="read-more" href="https://digiitallife.com/nvidias-rama-akkiraju-discusses-ais-role-in-bridging-business-and-technology/" aria-label="Read more about NVIDIA&#8217;s Rama Akkiraju Discusses AI&#8217;s Role in Bridging Business and Technology">Read more</a><div class='yarpp yarpp-related yarpp-related-rss yarpp-template-list'>
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  328. <content:encoded><![CDATA[<p> <br />
  329. </p>
  330. <div>
  331. <figure class="figure mt-2">&#13;<br />
  332.                                &#13;</p>
  333. <p>&#13;<br />
  334.                                    <a href="https://blockchain.news/Profile/Rebeca-Moen" rel="noopener">Rebeca Moen</a>&#13;<br />
  335.                                    <span class="publication-date ml-2"> May 07, 2025 14:39</span>&#13;
  336.                                </p>
  337. <p>&#13;</p>
  338. <p class="lead">NVIDIA&#8217;s Rama Akkiraju explores the critical role of AI platform architects in aligning business strategies with technical execution, emphasizing the evolution of AI infrastructure.</p>
  339. <p>&#13;<br />
  340.                                <a href="https://image.blockchain.news:443/features/D8E08E86F8EDBDDCD68414CF49BDD8B1401B11A69515DFF98E6B2B03EE9CF9D7.jpg" rel="noopener">&#13;<br />
  341.                                    &#13;<br />
  342.                                </a>&#13;<br />
  343.                            </figure>
  344. <p>In a recent discussion on NVIDIA&#8217;s AI Podcast, Rama Akkiraju, Vice President of IT for AI and Machine Learning at NVIDIA, emphasized the pivotal role of AI platform architects in aligning business strategies with technical execution. Akkiraju, an industry veteran with over two decades of experience, shared insights on how enterprises can leverage AI to transform business processes and achieve strategic goals.</p>
  345. <h2>AI Evolution and Infrastructure</h2>
  346. <p>Akkiraju traced the rapid evolution of AI technologies, noting the swift transition from perception AI to generative and agentic AI. Perception AI laid the groundwork over three decades, but the leap to agentic AI, which allows systems to autonomously reason and act, occurred in just two years. This acceleration demands robust AI infrastructure, which Akkiraju likens to a new layer in the software development stack, fundamentally reshaping application architecture.</p>
  347. <p>AI infrastructure, she noted, requires comprehensive systems including data ingestion pipelines, vector databases, and security controls. These components are essential for converting data into actionable insights and outcomes, a process she refers to as building &#8216;AI factories&#8217;.</p>
  348. <h2>The Role of AI Platform Architects</h2>
  349. <p>AI platform architects are crucial in designing and implementing these complex systems, bridging the gap between a company’s business vision and its technical execution. According to Akkiraju, these architects ensure that AI infrastructures are tailored to meet specific business needs, aligning technological capabilities with strategic objectives.</p>
  350. <h2>Future Trends in AI Infrastructure</h2>
  351. <p>Looking ahead, Akkiraju identified key trends shaping the future of AI infrastructure. These include the integration of specialized AI architecture into enterprise systems, the development of domain-specific models optimized for particular use cases, and the rise of autonomous systems requiring advanced memory and context management.</p>
  352. <p>These trends indicate a shift towards more sophisticated AI applications capable of operating independently, suggesting a future where AI is deeply embedded in enterprise operations.</p>
  353. <p>For more insights from Rama Akkiraju&#8217;s discussion on AI infrastructure and its impact on businesses, visit the full article on <a rel="nofollow noopener" href="https://blogs.nvidia.com/blog/rama-akkiraju-ai-platform-architects/">NVIDIA&#8217;s blog</a>.</p>
  354. <p><span><i>Image source: Shutterstock</i></span></p>
  355. <p>                            <!-- Divider --></p>
  356. <p>                            <!-- Author info END --><br />
  357.                            <!-- Divider --></p></div>
  358.  
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  374. ]]></content:encoded>
  375. <post-id xmlns="com-wordpress:feed-additions:1">24897</post-id> </item>
  376. <item>
  377. <title>Revolutionizing Healthcare: Five Ways AI is Making an Impact</title>
  378. <link>https://digiitallife.com/revolutionizing-healthcare-five-ways-ai-is-making-an-impact/</link>
  379. <dc:creator><![CDATA[akbarnoire]]></dc:creator>
  380. <pubDate>Fri, 09 May 2025 16:28:49 +0000</pubDate>
  381. <category><![CDATA[Useful info]]></category>
  382. <guid isPermaLink="false">https://digiitallife.com/revolutionizing-healthcare-five-ways-ai-is-making-an-impact/</guid>
  383.  
  384. <description><![CDATA[&#13; &#13; &#13; Peter Zhang&#13; May 07, 2025 15:12&#13; &#13; AI is revolutionizing healthcare by improving patient interactions, reducing clinician burnout, and enhancing diagnostic accuracy, according to Microsoft. Discover five key transformations here. &#13; &#13; &#13; &#13; The integration of artificial intelligence (AI) into healthcare is rapidly transforming the industry, enhancing patient care and optimizing ... <a title="Revolutionizing Healthcare: Five Ways AI is Making an Impact" class="read-more" href="https://digiitallife.com/revolutionizing-healthcare-five-ways-ai-is-making-an-impact/" aria-label="Read more about Revolutionizing Healthcare: Five Ways AI is Making an Impact">Read more</a><div class='yarpp yarpp-related yarpp-related-rss yarpp-template-list'>
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  397. </ol>
  398. </div>
  399. ]]></description>
  400. <content:encoded><![CDATA[<p> <br />
  401. </p>
  402. <div>
  403. <figure class="figure mt-2">&#13;<br />
  404.                                &#13;</p>
  405. <p>&#13;<br />
  406.                                    <a href="https://blockchain.news/Profile/Peter-Zhang" rel="noopener">Peter Zhang</a>&#13;<br />
  407.                                    <span class="publication-date ml-2"> May 07, 2025 15:12</span>&#13;
  408.                                </p>
  409. <p>&#13;</p>
  410. <p class="lead">AI is revolutionizing healthcare by improving patient interactions, reducing clinician burnout, and enhancing diagnostic accuracy, according to Microsoft. Discover five key transformations here.</p>
  411. <p>&#13;<br />
  412.                                <a href="https://image.blockchain.news:443/features/FCAF30107F93017A469BDB76DCCE7D957DFC034943E2204CF5967AAF05B60663.jpg" rel="noopener">&#13;<br />
  413.                                    &#13;<br />
  414.                                </a>&#13;<br />
  415.                            </figure>
  416. <p>The integration of artificial intelligence (AI) into healthcare is rapidly transforming the industry, enhancing patient care and optimizing operational efficiencies. According to Microsoft, AI innovations are enabling doctors to focus more on patient interaction, improving diagnostic speed and accuracy, and streamlining surgical scheduling.</p>
  417. <h2>Enhancing Patient Interactions</h2>
  418. <p>Doctors are increasingly able to devote more attention to their patients rather than being burdened by administrative tasks on their computers. AI tools are facilitating this shift by automating routine processes, allowing healthcare professionals to enhance the quality of patient interactions and improve overall care delivery.</p>
  419. <h2>Improving Diagnostic Accuracy</h2>
  420. <p>AI is also playing a crucial role in the interpretation of medical images. Researchers and clinicians are now able to analyze these images faster and with greater precision, leading to quicker and more accurate diagnoses. This advancement is vital in early disease detection and intervention, potentially saving lives.</p>
  421. <h2>Optimizing Surgical Schedules</h2>
  422. <p>In operating rooms, AI-driven scheduling systems are maximizing efficiency by fitting in more surgeries without compromising quality. This capability is critical in addressing the growing demand for surgical procedures and optimizing the use of hospital resources.</p>
  423. <h2>Reducing Clinician Burnout</h2>
  424. <p>By automating administrative tasks, AI helps reduce the workload on clinicians, thereby alleviating burnout. This has a positive impact on the mental health of healthcare providers, contributing to a more sustainable and effective healthcare system.</p>
  425. <h2>Streamlining Administrative Operations</h2>
  426. <p>AI technologies are revolutionizing administrative tasks within healthcare settings. From managing patient records to coordinating care teams, AI solutions are enhancing operational efficiency, leading to cost reductions and improved patient outcomes.</p>
  427. <p>Eric Shelley, vice president of analytics and digital solutions at Northwestern Medicine, emphasizes the comprehensive impact of AI, stating, “This is technology that spans all aspects of our business.”</p>
  428. <p>As the healthcare sector continues to embrace AI, these advancements promise to redefine the landscape, making healthcare more efficient and patient-centric. For more details on the ways AI is transforming healthcare, visit <a rel="nofollow noopener" href="https://news.microsoft.com/source/features/ai/5-ways-ai-is-changing-healthcare/">Microsoft</a>.</p>
  429. <p><span><i>Image source: Shutterstock</i></span></p>
  430. <p>                            <!-- Divider --></p>
  431. <p>                            <!-- Author info END --><br />
  432.                            <!-- Divider --></p></div>
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  450. <post-id xmlns="com-wordpress:feed-additions:1">24896</post-id> </item>
  451. <item>
  452. <title>What is Decentraland (MANA), the Virtual World with Blockchain Economics</title>
  453. <link>https://digiitallife.com/what-is-decentraland-mana-the-virtual-world-with-blockchain-economics/</link>
  454. <dc:creator><![CDATA[akbarnoire]]></dc:creator>
  455. <pubDate>Fri, 09 May 2025 06:49:19 +0000</pubDate>
  456. <category><![CDATA[Apps and Sites]]></category>
  457. <category><![CDATA[Cryptocurrency]]></category>
  458. <guid isPermaLink="false">https://digiitallife.com/?p=4564</guid>
  459.  
  460. <description><![CDATA[The metaverse race is generating gains for Decentraland&#8217;s MANA token. Decentraland (MANA) one of the leading representatives of the metaverse tied to blockchain technology. As virtual universes come to life, their tokens are going up in the market. Decentraland users can buy and sell digital goods while exploring, interacting and playing within this virtual world. ... <a title="What is Decentraland (MANA), the Virtual World with Blockchain Economics" class="read-more" href="https://digiitallife.com/what-is-decentraland-mana-the-virtual-world-with-blockchain-economics/" aria-label="Read more about What is Decentraland (MANA), the Virtual World with Blockchain Economics">Read more</a><div class='yarpp yarpp-related yarpp-related-rss yarpp-template-list'>
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  474. </div>
  475. ]]></description>
  476. <content:encoded><![CDATA[<p><span style="font-weight: 400;">The metaverse race is generating gains for Decentraland&#8217;s MANA token.</span></p>
  477. <p><span style="font-weight: 400;">Decentraland (MANA) one of the leading representatives of the metaverse tied to blockchain technology. As virtual universes come to life, their tokens are going up in the market.</span></p>
  478. <p><span style="font-weight: 400;">Decentraland users can buy and sell digital goods while exploring, interacting and playing within this virtual world.</span></p>
  479. <p><span style="font-weight: 400;">This is the first fully decentralized virtual world owned by its users.</span></p>
  480. <p><span style="font-weight: 400;">Since October 2021, when Facebook changed its name to &#8220;Meta&#8221;, interest in the metaverse has increased and along with it the price of assets related to it.</span></p>
  481. <p><span style="font-weight: 400;">The price of MANA, Decentraland&#8217;s token recorded a triple-digit jump within a few days.</span></p>
  482. <p><span style="font-weight: 400;">Soon after, a virtual land in the Decentraland metaverse was sold for a record $2.4 million.</span></p>
  483. <p><span style="font-weight: 400;">This is seen as just a sample of the economic growth potential of these new virtual spaces.</span></p>
  484. <p><span style="font-weight: 400;">To not be left out of this new big investment, learn more about its main representative, Decentreland, and how to participate in this virtual revolution.</span></p>
  485. <h2><span style="font-weight: 400;">What is Decentraland (MANA)?</span></h2>
  486. <p><span style="font-weight: 400;">Decentraland is a decentralized virtual reality platform built on the Ethereum blockchain that allows users to create, experience, and monetize their content and applications.</span></p>
  487. <p><span style="font-weight: 400;">In this 3D world it is possible to buy and sell land in the form of NFT (non-fungible tokens), make payments, and have an online life in a metaverse that mimics reality.</span></p>
  488. <p><span style="font-weight: 400;">This is the first digital platform where players have full control.</span></p>
  489. <p><span style="font-weight: 400;">The DAO (Decentralized Autonomous Organization) system allows token holders to vote directly on game policies. </span></p>
  490. <p><span style="font-weight: 400;">Decentraland uses two tokens: MANA and LAND. </span></p>
  491. <p><span style="font-weight: 400;">MANA is the platform&#8217;s native cryptocurrency used to pay for virtual goods and services and to buy LAND, which is a virtual portion of the platform where you can create worlds.</span></p>
  492. <h2><span style="font-weight: 400;">Who are the founders of Decentraland?</span></h2>
  493. <p><span style="font-weight: 400;">The Decentraland Foundation is the organization behind the development of the Decentraland software, which was founded by Ariel Meilich and Esteban Ordano.</span></p>
  494. <p><span style="font-weight: 400;">Both have stepped away from the main positions in the project, but continue as advisors.</span></p>
  495. <p><span style="font-weight: 400;">Ariel Meilich was project leader from 2017 to 2020. Besides Decentraland he has founded several other startups, including an online translation agency and a CRM platform. </span></p>
  496. <p><span style="font-weight: 400;">He has also worked as an analyst at Charles River Ventures, a Silicon Valley investment fund.</span></p>
  497. <p><span style="font-weight: 400;">Esteban Ordano is the former chief technology officer at Decentraland and has experience in the cryptocurrency market, working as a software engineer at BitPay, Inc. as an advisor to Matic Network.</span></p>
  498. <p><span style="font-weight: 400;">He is also co-founder of Zeppelin Solutions, an established blockchain technology infrastructure company, and smart contract development company Smart Contract Solutions.</span></p>
  499. <p><span style="font-weight: 400;">The Decentraland team held an initial coin offering (ICO) in 2017, raising about $26 million at the time.</span></p>
  500. <p><span style="font-weight: 400;">The Foundation owns 20% of the initial supply of tokens, the intellectual property rights, and maintains the Decentraland website.</span></p>
  501. <p><span style="font-weight: 400;">Before launching its platform, Decentraland launched a decentralized autonomous organization (DAO) to pass management of the project to its users. </span></p>
  502. <p><span style="font-weight: 400;">The virtual world launched its closed beta in 2019, opening to the public in February 2020. </span></p>
  503. <h2><span style="font-weight: 400;">How does Decentraland work?</span></h2>
  504. <p><span style="font-weight: 400;">Decentraland is an online environment that combines virtual reality with blockchain technology. </span></p>
  505. <p><span style="font-weight: 400;">To support the operations and functions of the ecosystem, its structure is divided into three different layers:</span></p>
  506. <ul>
  507. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Consensus layer: The first layer records and tracks all operations belonging to the game through smart contracts.</span></li>
  508. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Content layer: The second layer stores the information that will be used for rendering content in the virtual world (LAND content).</span></li>
  509. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Real-time interaction layer: The third layer is the P2P network, which allows users to interact in real-time within the platform.</span></li>
  510. </ul>
  511. <p><span style="font-weight: 400;">Decentraland enables a wide variety of 3D models where users can create and host applications, games, and interactive content.</span></p>
  512. <p><span style="font-weight: 400;">Members also participate in the platform&#8217;s Decentralized Autonomous Organization (DAO) for governance decisions. </span></p>
  513. <p><span style="font-weight: 400;">Any user with MANA staking can create new proposals or vote on others.</span></p>
  514. <h2><span style="font-weight: 400;">What is LAND in Decentraland?</span></h2>
  515. <p><span style="font-weight: 400;">In Decentraland, the spaces you interact with are LAND, non-fungible digital assets (NFTs) that you acquire in-game. </span></p>
  516. <p><span style="font-weight: 400;">In total, the Decentraland world is divided into 90,601 individual LAND plots, with each being represented by an ERC-721 non-fungible token.</span></p>
  517. <p><span style="font-weight: 400;">Each LAND is 16m x 16m and can be found at a specific coordinate in the Metaverse.</span></p>
  518. <p><span style="font-weight: 400;">Once you own a batch of LAND, you are free to do whatever you want with it. </span></p>
  519. <p><span style="font-weight: 400;">Similar groupings in LAND are called districts. These were generated through individual crowdsales for MANA tokens, and the LAND parcels in these districts cannot be traded.</span></p>
  520. <p><span style="font-weight: 400;">In addition to being a creative venue, many Decentraland users currently monetize their LAND through leasing, advertising, and paid experiences. </span></p>
  521. <p><span style="font-weight: 400;">Similarly, other users generate income by creating and selling items on the Decentraland marketplace with MANA tokens.</span></p>
  522. <h2><span style="font-weight: 400;">Uses of Decentraland</span></h2>
  523. <p><span style="font-weight: 400;">Decentraland a decentralized virtual reality system that allows interaction and communication between users.</span></p>
  524. <p><span style="font-weight: 400;">Since the platform&#8217;s creation, developers have kept in mind its potential for new use cases in communities based on blockchain technology. </span></p>
  525. <p><span style="font-weight: 400;">With Decentraland&#8217;s scripting language, users can create applications and scenarios when developing their land purchased with MANA.</span></p>
  526. <p><span style="font-weight: 400;">In addition to experiencing a more interactive way to socialize with their friends, Decentraland attracts users with similar interests, providing for the growth of their districts.</span></p>
  527. <p><span style="font-weight: 400;">As with most games that contain blockchain economies, there is the opportunity to make money, either through advertising or speculating with LAND lots.</span></p>
  528. <h2><span style="font-weight: 400;">Decentraland cryptocurrencies: MANA and LAND</span></h2>
  529. <p><span style="font-weight: 400;">Decentraland has two well-defined operating tokens: LAND and MANA.</span></p>
  530. <p><span style="font-weight: 400;">MANA is the native token of the system and can be used to buy LAND and virtual assets that are developed and sold by Decentraland users. </span></p>
  531. <p><span style="font-weight: 400;">It is also used in the governance of the system.</span></p>
  532. <p><span style="font-weight: 400;">LAND, on the other hand, represents ownership of a portion of the metaverse ecosystem. </span></p>
  533. <p><span style="font-weight: 400;">The functionalities are leveraged through the Ethereum blockchain.</span></p>
  534. <h3><span style="font-weight: 400;">MANA Token</span></h3>
  535. <p><span style="font-weight: 400;">MANA is Decentraland&#8217;s native cryptocurrency created as a governance token within the platform and for buying and selling land within it. </span></p>
  536. <p><span style="font-weight: 400;">In other words, MANA token holders have the right to participate in voting in Decentraland&#8217;s DAO system, as well as being used to buy LAND lots and pay for local goods and services.</span></p>
  537. <p><span style="font-weight: 400;">The MANA token was created following Ethereum&#8217;s ERC-20 standard, and can be easily integrated into DeFi , DEX and other Ethereum dApps.</span></p>
  538. <p><span style="font-weight: 400;">The project was initially launched with a total supply of 2.8 billion MANA tokens, but this was reduced by burning tokens during LAND auctions. </span></p>
  539. <p><span style="font-weight: 400;">There are also a number of other flaring mechanisms in place to further reduce the circulating supply of MANA, including a 2.5% flaring of MANA from Decentraland marketplace transactions.</span></p>
  540. <p><span style="font-weight: 400;">The amount of tokens currently in circulation is 1.82 billion MANA. </span></p>
  541. <h3><span style="font-weight: 400;">LAND Token</span></h3>
  542. <p><span style="font-weight: 400;">LAND is a non-fungible token (NFT) that follows the ERC-721 standard and represents the land lots owned by players in the community. </span></p>
  543. <p><span style="font-weight: 400;">Thus, each plot of land has its own unique characteristics. </span></p>
  544. <p><span style="font-weight: 400;">To acquire LAND tokens, users must exchange their MANA tokens for LAND tokens, an action that burns MANA tokens, making them scarcer and more valuable.</span></p>
  545. <p><span style="font-weight: 400;">The Decentraland team originally sold each batch of LAND tokens for 1000 MANA. Now that there is a secondary market, however, prices vary. </span></p>
  546. <p><span style="font-weight: 400;">Similar to MANA, LAND also provides voting rights as part of Decentraland&#8217;s governance protocol. </span></p>
  547. <p><span style="font-weight: 400;">However, LAND does not need to be locked into DAO and each LAND token provides two thousand votes to the owner. </span></p>
  548. <h3><span style="font-weight: 400;">Buy MANA token</span></h3>
  549. <p><span style="font-weight: 400;">The MANA cryptocurrency can be bought on various cryptocurrency exchanges. </span></p>
  550. <p><span style="font-weight: 400;">At the moment, MANA can be traded with Bitcoin (BTC), Tether (USDT) and Ethereum (ETH) and various fiat currencies.</span></p>
  551. <h3><span style="font-weight: 400;">Is MANA worth it?</span></h3>
  552. <p><span style="font-weight: 400;">Decentraland is a project that is part of the Metaverse revolution. It is perhaps the first and most important representative of virtual reality platforms integrated into blockchain technology. </span></p>
  553. <p><span style="font-weight: 400;">The idea behind these metaverses is just beginning.</span></p>
  554. <p><span style="font-weight: 400;">Decentraland appears as a promising game and consequently its native cryptocurrency.</span></p>
  555. <p><span style="font-weight: 400;">However, one must keep up with the evolution of blockchain metaverses. This new investment, besides creating a parallel virtual universe, also makes players earn money.</span></p>
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  571. ]]></content:encoded>
  572. <post-id xmlns="com-wordpress:feed-additions:1">4564</post-id> </item>
  573. <item>
  574. <title>What is Avalanche (AVAX)? Meet Ethereum&#8217;s Competitor</title>
  575. <link>https://digiitallife.com/what-is-avalanche-avax-meet-ethereums-competitor/</link>
  576. <dc:creator><![CDATA[akbarnoire]]></dc:creator>
  577. <pubDate>Thu, 08 May 2025 18:51:16 +0000</pubDate>
  578. <category><![CDATA[Apps and Sites]]></category>
  579. <category><![CDATA[Cryptocurrency]]></category>
  580. <guid isPermaLink="false">https://digiitallife.com/?p=4561</guid>
  581.  
  582. <description><![CDATA[Avalanche hopes to offer is a highly scalable blockchain without sacrificing decentralization or security. Avalanche is often compared to the Ethereum network as it offers the same functionality, allowing the execution of smart contracts and decentralized applications (dApps). However, Avalanche aims to perform transactions faster and with lower fees than its competitor. Launched in 2020 ... <a title="What is Avalanche (AVAX)? Meet Ethereum&#8217;s Competitor" class="read-more" href="https://digiitallife.com/what-is-avalanche-avax-meet-ethereums-competitor/" aria-label="Read more about What is Avalanche (AVAX)? Meet Ethereum&#8217;s Competitor">Read more</a><div class='yarpp yarpp-related yarpp-related-rss yarpp-template-list'>
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  597. ]]></description>
  598. <content:encoded><![CDATA[<p><span style="font-weight: 400;">Avalanche hopes to offer is a highly scalable blockchain without sacrificing decentralization or security.</span></p>
  599. <p><span style="font-weight: 400;">Avalanche is often compared to the Ethereum network as it offers the same functionality, allowing the execution of smart contracts and decentralized applications (dApps).</span></p>
  600. <p><span style="font-weight: 400;">However, Avalanche aims to perform transactions faster and with lower fees than its competitor.</span></p>
  601. <p><span style="font-weight: 400;">Launched in 2020 by the Ava Labs team, the Avalanche network has quickly risen in popularity and in the cryptocurrency rankings. </span></p>
  602. <p><span style="font-weight: 400;">The most recent increase in the value of its AVAX token came after announcing a partnership with consulting firm Deloitte to &#8220;improve the security, speed, and accuracy&#8221; of Federal Emergency Management Agency (FEMA) funding. </span></p>
  603. <p><span style="font-weight: 400;">Deloitte will use the Avalanche blockchain to &#8220;build more efficient disaster relief platforms &#8220;</span></p>
  604. <p><span style="font-weight: 400;">See what Avalanche and its AVAX token is, how it works, and whether it&#8217;s worth investing in.</span></p>
  605. <h2><span style="font-weight: 400;">What is Avalanche (AVAX)</span></h2>
  606. <p><iframe title="What is Avalanche?" width="900" height="506" src="https://www.youtube.com/embed/mWBzFmzzBAg?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe></p>
  607. <p><span style="font-weight: 400;">Avalanche is a blockchain platform for smart contracts, decentralized application creation (dapps), custom blockchains and subnets.</span></p>
  608. <p><span style="font-weight: 400;">Developed by Ava Labs, the project launched in 2020 aims to address some of the limitations of older platforms, such as slow transaction speeds, centralization, and scalability.</span></p>
  609. <p><span style="font-weight: 400;">To address these issues, it uses several innovations, including its unique Avalanche consensus protocol.</span></p>
  610. <p><span style="font-weight: 400;">Plus an extra feature that allows the creation of subnets, custom public or private blockchains built as offshoots of the main Avalanche platform.</span></p>
  611. <p><span style="font-weight: 400;">The platform&#8217;s native token is AVAX, which performs various tasks on Avalanche and also acts as a reward and payment system for users.</span></p>
  612. <h2><span style="font-weight: 400;">Avalanche Founders</span></h2>
  613. <p><span style="font-weight: 400;">The Avalanche blockchain was launched in September 2020 by the Ava Labs team consisting of Emin Gün Sirer, Kevin Sekniqi, Maofan &#8220;Ted&#8221; Yin.</span></p>
  614. <p><span style="font-weight: 400;">Avalanche&#8217;s cofounder and CEO, Emin Gun Sirer, is a veteran computer scientist associated for quite some time with decentralized networks.</span></p>
  615. <p><span style="font-weight: 400;">The rest of the team is made up of experts from computer science, economics, finance, and law.</span></p>
  616. <p><span style="font-weight: 400;">Ava Labs raised $6 million in its funding round. Subsequently, public and private token sales totaled $48 million. </span></p>
  617. <h2><span style="font-weight: 400;">How Avalanche (AVAX) Works</span></h2>
  618. <p><span style="font-weight: 400;">The Avalanche network uses three interoperable blockchains and two consensus mechanisms to try to solve the old scalability, interoperability, and usability problems of legacy blockchains. </span></p>
  619. <p><span style="font-weight: 400;">By distributing tasks across different chains, Avalanche is able to optimize flexibility, speed, and security, making it a powerful platform for public and enterprise uses, as developers have great flexibility in the types of applications they can build.</span></p>
  620. <p><span style="font-weight: 400;">The three blockchains that make up its core network are: X-Chain, C-Chain and P-Chain.</span></p>
  621. <h3><span style="font-weight: 400;">The Exchange Chain (X-Chain)</span></h3>
  622. <p><span style="font-weight: 400;">The Exchange Chain (X-Chain) is used to create and trade AVAX tokens and other digital assets. </span></p>
  623. <p><span style="font-weight: 400;">These assets have modifiable rules that govern their behavior, just like Ethereum&#8217;s token standards. </span></p>
  624. <p><span style="font-weight: 400;">Transaction fees are paid in AVAX, the most popular cryptocurrency on the platform.</span></p>
  625. <p><span style="font-weight: 400;">This blockchain uses the Avalanche consensus protocol.</span></p>
  626. <h3><span style="font-weight: 400;">The Contract Chain (C-Chain)</span></h3>
  627. <p><span style="font-weight: 400;">The Contract Chain (C-Chain) is used for creating smart contracts for decentralized applications (DApps). </span></p>
  628. <p><span style="font-weight: 400;">This blockchain is compatible with the Ethereum Virtual Machine (EVM) method, allowing developers to deploy Ethereum smart contracts on Avalanche. </span></p>
  629. <p><span style="font-weight: 400;">C-Chain uses a modified version of Avalanche&#8217;s consensus protocol, Snowman.</span></p>
  630. <h3><span style="font-weight: 400;">The Platform Chain (P-Chain)</span></h3>
  631. <p><span style="font-weight: 400;">Platform Chain (P-Chain) coordinates network validators, tracks active subnets, and allows the creation of new subnets. </span></p>
  632. <p><span style="font-weight: 400;">A blockchain can be validated by only one subnet, but each subnet can validate multiple blockchains. </span></p>
  633. <p><span style="font-weight: 400;">P-Chain also uses Avalanche&#8217;s consensus protocol, Snowman.</span></p>
  634. <h2><span style="font-weight: 400;">Avalanche Consensus Mechanisms</span></h2>
  635. <p><span style="font-weight: 400;">Avalanche operates on a differentiated proof-of-stake (PoS) model with rewards to users who staking their coins. </span></p>
  636. <p><span style="font-weight: 400;">While Avalanche&#8217;s C-Chain and P-Chain blockchains are secured by &#8216;Snowman&#8217; optimized consensus, X-Chain is secured by an optimized consensus protocol called directed acyclic graph (DAG).</span></p>
  637. <p><span style="font-weight: 400;">DAG allows the network to process transactions in parallel, allowing it to achieve transaction completion in seconds.</span></p>
  638. <p><span style="font-weight: 400;">The Snowman consensus protocol is based on the Avalanche protocol, but orders transactions linearly. </span></p>
  639. <p><span style="font-weight: 400;">This property is beneficial when dealing with smart contracts. Unlike Avalanche&#8217;s consensus protocol, Snowman creates blocks.</span></p>
  640. <h2><span style="font-weight: 400;">Avalanche vs Ethereum</span></h2>
  641. <p><span style="font-weight: 400;">As the demand for Ethereum&#8217;s blockchain network for making smart contracts has increased, other projects have emerged in an attempt to compete.</span></p>
  642. <p><span style="font-weight: 400;">Such is the case with Avalanche, a network designed to be faster and cheaper.</span></p>
  643. <p><span style="font-weight: 400;">According to Ava Labs, Avalanche can process more than 4,500 transactions per second, while Ethereum can support about 13 transactions per second.</span></p>
  644. <p><span style="font-weight: 400;">Even so, Ethereum still has its advantages, including its reputation, prominence and capabilities, since Avalanche is still a very new network, launched in 2020.</span></p>
  645. <h2><span style="font-weight: 400;">AVAX token</span></h2>
  646. <p><span style="font-weight: 400;">The AVAX token is native to the Avalanche network used as part of the consensus mechanism and also to pay network fees.</span></p>
  647. <p><span style="font-weight: 400;">The cryptocurrency is the internal payment method used to collect fees during transactions and incentives for users staking their coins on the network.</span></p>
  648. <p><span style="font-weight: 400;">AVAX has a limited supply of 720 million units.</span></p>
  649. <p><span style="font-weight: 400;">With a deflationary mechanism, AVAX tokens used to pay transaction fees are burned, permanently reducing the amount in circulation.</span></p>
  650. <h2><span style="font-weight: 400;">Is Avalanche (AVAX) worth it?</span></h2>
  651. <p><span style="font-weight: 400;">Although Avalanche is still a very new network, its deal with Deloitte was seen as a sign that the blockchain may have the right ingredients to compete with Ethereum and other networks in the long term.</span></p>
  652. <p><span style="font-weight: 400;">Despite the hype surrounding AVAX, it is important to research and understand the risks of any cryptocurrency before investing. </span></p>
  653. <p><span style="font-weight: 400;">Cryptocurrencies are volatile and speculative investments, so look for ways to minimize the risks of investing in digital assets by allocating only a small portion of your assets and diversifying among good assets.</span></p>
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  670. <post-id xmlns="com-wordpress:feed-additions:1">4561</post-id><media:content url="https://www.youtube.com/embed/mWBzFmzzBAg" medium="video" width="1280" height="720">
  671. <media:player url="https://www.youtube.com/embed/mWBzFmzzBAg" />
  672. <media:title type="plain">What is Avalanche?</media:title>
  673. <media:description type="html"><![CDATA[If you’ve heard about the Avalanche platform, it’s likely that you have questions about this relative newcomer to the blockchain world. What is Avalanche cry...]]></media:description>
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  675. <media:rating scheme="urn:simple">nonadult</media:rating>
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  677. </item>
  678. <item>
  679. <title>NVIDIA Unveils Nemotron-CC: A Trillion-Token Dataset for Enhanced LLM Training</title>
  680. <link>https://digiitallife.com/nvidia-unveils-nemotron-cc-a-trillion-token-dataset-for-enhanced-llm-training/</link>
  681. <dc:creator><![CDATA[akbarnoire]]></dc:creator>
  682. <pubDate>Thu, 08 May 2025 16:27:57 +0000</pubDate>
  683. <category><![CDATA[Useful info]]></category>
  684. <guid isPermaLink="false">https://digiitallife.com/nvidia-unveils-nemotron-cc-a-trillion-token-dataset-for-enhanced-llm-training/</guid>
  685.  
  686. <description><![CDATA[&#13; &#13; &#13; Joerg Hiller&#13; May 07, 2025 15:38&#13; &#13; NVIDIA introduces Nemotron-CC, a trillion-token dataset for large language models, integrated with NeMo Curator. This innovative pipeline optimizes data quality and quantity for superior AI model training. &#13; &#13; &#13; &#13; NVIDIA has integrated its Nemotron-CC pipeline into the NeMo Curator, offering a groundbreaking approach ... <a title="NVIDIA Unveils Nemotron-CC: A Trillion-Token Dataset for Enhanced LLM Training" class="read-more" href="https://digiitallife.com/nvidia-unveils-nemotron-cc-a-trillion-token-dataset-for-enhanced-llm-training/" aria-label="Read more about NVIDIA Unveils Nemotron-CC: A Trillion-Token Dataset for Enhanced LLM Training">Read more</a><div class='yarpp yarpp-related yarpp-related-rss yarpp-template-list'>
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  701. ]]></description>
  702. <content:encoded><![CDATA[<p> <br />
  703. </p>
  704. <div>
  705. <figure class="figure mt-2">&#13;<br />
  706.                                &#13;</p>
  707. <p>&#13;<br />
  708.                                    <a href="https://blockchain.news/Profile/Joerg-Hiller" rel="noopener">Joerg Hiller</a>&#13;<br />
  709.                                    <span class="publication-date ml-2"> May 07, 2025 15:38</span>&#13;
  710.                                </p>
  711. <p>&#13;</p>
  712. <p class="lead">NVIDIA introduces Nemotron-CC, a trillion-token dataset for large language models, integrated with NeMo Curator. This innovative pipeline optimizes data quality and quantity for superior AI model training.</p>
  713. <p>&#13;<br />
  714.                                <a href="https://image.blockchain.news:443/features/D8E08E86F8EDBDDCD68414CF49BDD8B1401B11A69515DFF98E6B2B03EE9CF9D7.jpg" rel="noopener">&#13;<br />
  715.                                    &#13;<br />
  716.                                </a>&#13;<br />
  717.                            </figure>
  718. <p>NVIDIA has integrated its Nemotron-CC pipeline into the NeMo Curator, offering a groundbreaking approach to curating high-quality datasets for large language models (LLMs). The Nemotron-CC dataset leverages a 6.3-trillion-token English language collection from Common Crawl, aiming to enhance the accuracy of LLMs significantly, according to NVIDIA.</p>
  719. <h2>Advancements in Data Curation</h2>
  720. <p>The Nemotron-CC pipeline addresses the limitations of traditional data curation methods, which often discard potentially useful data due to heuristic filtering. By employing classifier ensembling and synthetic data rephrasing, the pipeline generates 2 trillion tokens of high-quality synthetic data, recovering up to 90% of content lost by filtering.</p>
  721. <h2>Innovative Pipeline Features</h2>
  722. <p>The pipeline&#8217;s data curation process begins with HTML-to-text extraction using tools like jusText and FastText for language identification. It then applies deduplication to remove redundant data, utilizing NVIDIA RAPIDS libraries for efficient processing. The process includes 28 heuristic filters to ensure data quality and a PerplexityFilter module for further refinement.</p>
  723. <p>Quality labeling is achieved through an ensemble of classifiers that assess and categorize documents into quality levels, facilitating targeted synthetic data generation. This approach enables the creation of diverse QA pairs, distilled content, and organized knowledge lists from the text.</p>
  724. <h2>Impact on LLM Training</h2>
  725. <p>Training LLMs with the Nemotron-CC dataset yields significant improvements. For instance, a Llama 3.1 model trained on a 1 trillion-token subset of Nemotron-CC achieved a 5.6-point increase in the MMLU score compared to models trained on traditional datasets. Furthermore, models trained on long horizon tokens, including Nemotron-CC, saw a 5-point boost in benchmark scores.</p>
  726. <h2>Getting Started with Nemotron-CC</h2>
  727. <p>The Nemotron-CC pipeline is available for developers aiming to pretrain foundation models or perform domain-adaptive pretraining across various fields. NVIDIA provides a step-by-step tutorial and APIs for customization, enabling users to optimize the pipeline for specific needs. The integration into NeMo Curator allows for seamless development of both pretraining and fine-tuning datasets.</p>
  728. <p>For more information, visit the <a rel="nofollow noopener" href="https://developer.nvidia.com/blog/building-nemotron-cc-a-high-quality-trillion-token-dataset-for-llm-pretraining-from-common-crawl-using-nvidia-nemo-curator/">NVIDIA blog</a>.</p>
  729. <p><span><i>Image source: Shutterstock</i></span></p>
  730. <p>                            <!-- Divider --></p>
  731. <p>                            <!-- Author info END --><br />
  732.                            <!-- Divider --></p></div>
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  750. <post-id xmlns="com-wordpress:feed-additions:1">24893</post-id> </item>
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  752. <title>Ripple&#8217;s XRP Ledger: Transforming DeFi Payments with Innovative Solutions</title>
  753. <link>https://digiitallife.com/ripples-xrp-ledger-transforming-defi-payments-with-innovative-solutions/</link>
  754. <dc:creator><![CDATA[akbarnoire]]></dc:creator>
  755. <pubDate>Wed, 07 May 2025 16:26:47 +0000</pubDate>
  756. <category><![CDATA[Useful info]]></category>
  757. <guid isPermaLink="false">https://digiitallife.com/ripples-xrp-ledger-transforming-defi-payments-with-innovative-solutions/</guid>
  758.  
  759. <description><![CDATA[&#13; &#13; &#13; Darius Baruo&#13; May 07, 2025 13:30&#13; &#13; Ripple&#8217;s XRP Ledger is revolutionizing DeFi payments through stablecoin innovation and real-world finance applications, according to insights from a recent Chainalysis Links conference. &#13; &#13; &#13; &#13; The XRP Ledger, a product of Ripple, is making significant strides in the realm of decentralized finance (DeFi), ... <a title="Ripple&#8217;s XRP Ledger: Transforming DeFi Payments with Innovative Solutions" class="read-more" href="https://digiitallife.com/ripples-xrp-ledger-transforming-defi-payments-with-innovative-solutions/" aria-label="Read more about Ripple&#8217;s XRP Ledger: Transforming DeFi Payments with Innovative Solutions">Read more</a><div class='yarpp yarpp-related yarpp-related-rss yarpp-template-list'>
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  774. ]]></description>
  775. <content:encoded><![CDATA[<p> <br />
  776. </p>
  777. <div>
  778. <figure class="figure mt-2">&#13;<br />
  779.                                &#13;</p>
  780. <p>&#13;<br />
  781.                                    <a href="https://blockchain.news/Profile/Darius-Baruo" rel="noopener">Darius Baruo</a>&#13;<br />
  782.                                    <span class="publication-date ml-2"> May 07, 2025 13:30</span>&#13;
  783.                                </p>
  784. <p>&#13;</p>
  785. <p class="lead">Ripple&#8217;s XRP Ledger is revolutionizing DeFi payments through stablecoin innovation and real-world finance applications, according to insights from a recent Chainalysis Links conference.</p>
  786. <p>&#13;<br />
  787.                                <a href="https://image.blockchain.news:443/features/3932ACEEFEB90AC56BBEB5B7CA3C66C5114A04B687727904D14EF1FE0607F9D0.jpg" rel="noopener">&#13;<br />
  788.                                    &#13;<br />
  789.                                </a>&#13;<br />
  790.                            </figure>
  791. <p>The XRP Ledger, a product of Ripple, is making significant strides in the realm of decentralized finance (DeFi), focusing on stablecoin innovation and tokenization to facilitate real-world financial applications. These insights were shared during a session at the Chainalysis Links conference in New York City, featuring Jas Takhar, Ripple&#8217;s Vice President of Engineering for Stablecoin and Custody Engineering.</p>
  792. <h2>Advancements in DeFi and Stablecoin Integration</h2>
  793. <p>Jas Takhar highlighted the pioneering work of the XRP Ledger in enhancing stablecoin payments and DeFi capabilities. The focus is on creating a seamless, efficient, and compliant financial ecosystem globally. Unlike other blockchain platforms, XRP Ledger emphasizes native features over smart contracts, enhancing security and optimizing payment processes.</p>
  794. <h2>Focus on Financial Use Cases</h2>
  795. <p>Ripple is concentrating on bringing traditional financial use cases to the blockchain. This includes innovations like lending protocols and identity verification, designed to accommodate big regulated financial institutions. The XRP Ledger&#8217;s design prioritizes fast payments and includes native features such as a decentralized exchange (DEX), which supports secure and efficient cross-border transactions.</p>
  796. <h2>Community and Regulatory Engagement</h2>
  797. <p>Ripple&#8217;s approach involves significant interaction with the community of node operators who vote on proposed amendments to the XRP Ledger. This decentralized decision-making process ensures that the platform evolves in line with the broader community&#8217;s vision. Additionally, Ripple is actively engaging with regulatory bodies globally to ensure compliance, particularly in the issuance and management of stablecoins.</p>
  798. <h2>The Future of Tokenization</h2>
  799. <p>The potential for real-world asset tokenization is vast, with projections suggesting that trillions of dollars worth of assets could be tokenized on blockchain platforms like the XRP Ledger. Ripple&#8217;s strategy includes supporting various financial instruments and ensuring that these assets can be efficiently used as collateral within the financial ecosystem.</p>
  800. <p>For more detailed insights, the full session can be explored on <a rel="nofollow noopener" href="https://www.chainalysis.com/blog/future-of-defi-payments-ep-161/">Chainalysis</a>.</p>
  801. <p><span><i>Image source: Shutterstock</i></span></p>
  802. <p>                            <!-- Divider --></p>
  803. <p>                            <!-- Author info END --><br />
  804.                            <!-- Divider --></p></div>
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  822. <post-id xmlns="com-wordpress:feed-additions:1">24891</post-id> </item>
  823. <item>
  824. <title>What is Gala Games and its Gamecoin (GALA) &#124; ( Updated 2024 )</title>
  825. <link>https://digiitallife.com/what-is-gala-games-and-its-gamecoin-gala/</link>
  826. <dc:creator><![CDATA[akbarnoire]]></dc:creator>
  827. <pubDate>Wed, 07 May 2025 07:05:11 +0000</pubDate>
  828. <category><![CDATA[Apps and Sites]]></category>
  829. <category><![CDATA[Cryptocurrency]]></category>
  830. <guid isPermaLink="false">https://digiitallife.com/?p=4558</guid>
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  846. </div>
  847. ]]></description>
  848. <content:encoded><![CDATA[<p><span style="font-weight: 400;">Gala is a complete ecosystem for developers and gamers that unites games and NFT.</span></p>
  849. <p><span style="font-weight: 400;">Gala Games is one of the highlights of the crypto world of &#8220;play to win&#8221; games. Its ecosystem provides blockchain-based game development and gives players control over their games. </span></p>
  850. <p><span style="font-weight: 400;">This is another crypto project that unites games and non-fungible tokens (NFT) that has seen strong growth in 2021.</span></p>
  851. <p><span style="font-weight: 400;">Its gamecoin GALA, as gaming coins are called, got a strong boost this week after it was listed on Binance, the world&#8217;s largest exchange by transaction volume.</span></p>
  852. <p><span style="font-weight: 400;">In the month of November 2021 alone, Gala (GALA) has appreciated 536%. </span></p>
  853. <p><span style="font-weight: 400;">In addition to the increased interest in blockchain games, another reason for the token&#8217;s strong rise is the fact that the platform has expanded its operations beyond the Ethereum network.</span></p>
  854. <p><span style="font-weight: 400;">Gala Games now also operates on the Binance Smart Chain (BSC) and Polygon (MATIC). </span></p>
  855. <p><span style="font-weight: 400;">Thus, it is able to offer its developers cheaper network fees.</span></p>
  856. <p><span style="font-weight: 400;">According to the official Gala Games website, its mission is to create &#8220;blockchain games you really want to play,&#8221; giving players full control.</span></p>
  857. <p><span style="font-weight: 400;">Learn more about this gamecoin and how the Gala Games ecosystem works.</span></p>
  858. <h2><span style="font-weight: 400;">What is Gala Games (GALA)?</span></h2>
  859. <p><span style="font-weight: 400;">Gala Games is a blockchain gaming platform that allows players to earn NFT tokens and trade game assets. </span></p>
  860. <p><span style="font-weight: 400;">Gala is not a single game, but rather an ecosystem with different 100% free blockchain games that players can access via a decentralized application (DApp).</span></p>
  861. <p><span style="font-weight: 400;">The platform&#8217;s utility token is GALA, used primarily for node operator incentives, network governance, in-game rewards, payments between users, and asset purchases in the Gala store.</span></p>
  862. <h2><span style="font-weight: 400;">Games available on Gala</span></h2>
  863. <p><span style="font-weight: 400;">Gala Games currently lists five games on platform, but only Town Star, is active and open to users.</span></p>
  864. <p><span style="font-weight: 400;">Town Star is Gala&#8217;s debut game and simulates a city in which players are the owners.</span></p>
  865. <p><span style="font-weight: 400;">Let&#8217;s take a look at the different games that Gala offers:</span></p>
  866. <h3><span style="font-weight: 400;">1. Town Star</span></h3>
  867. <p><span style="font-weight: 400;">Town Star is a farm town building and development game, in which the player builds a farm to compete in weekly tournaments to win NFT. </span></p>
  868. <p><span style="font-weight: 400;">The goal is to create a productive town. The game can be accessed with your PC or cell phone. </span></p>
  869. <h3><span style="font-weight: 400;">2. Mirandus</span></h3>
  870. <p><span style="font-weight: 400;">Mirandus is a fantasy role-playing game where players fight monsters in various locations and build their lands for income. </span></p>
  871. <p><span style="font-weight: 400;">In the game, players have complete freedom of choice. They can head out into the wilderness alone to try their luck against monsters in deep forests and dungeons.</span></p>
  872. <p><span style="font-weight: 400;">Players can access Mirandus with their PC. The game is not yet available in a mobile version.</span></p>
  873. <h3><span style="font-weight: 400;">3. Spider Tanks</span></h3>
  874. <p><span style="font-weight: 400;">Spider Tanks is an online multiplayer battle arena game that allows players to choose a location on the map to fight with other players. The game can be accessed from the PC.</span></p>
  875. <h3><span style="font-weight: 400;">4. Echoes of Empire</span></h3>
  876. <p><span style="font-weight: 400;">Echoes of Empire is a science fiction strategy game set in a galaxy at war.</span></p>
  877. <p><span style="font-weight: 400;">Players can own their own spaceships and control parts of the galaxy. The game is still in development and will be available for PC.</span></p>
  878. <h3><span style="font-weight: 400;">5. Fortified</span></h3>
  879. <p><span style="font-weight: 400;">Fortified is a player versus player Tower Defense game set in a medieval world. Players compete to build the best strategies.</span></p>
  880. <h2><span style="font-weight: 400;">Who are the founders of Gala Games?</span></h2>
  881. <p><span style="font-weight: 400;">Gala Games was founded by Eric Schiermeyer in July 2019 with the goal of creating a blockchain-based gaming network that would give players more ownership over their games.</span></p>
  882. <p><span style="font-weight: 400;">Schiermeyer is also a cofounder of Zynga (Z2NG34), a popular social and mobile gaming company. </span></p>
  883. <p><span style="font-weight: 400;">During Schiermeyer&#8217;s leadership, Zynga launched successful games such as Poker, Mafia Wars, and Farmville. </span></p>
  884. <p><span style="font-weight: 400;">Other big names behind Gala Games is Wright Thurston, one of the first major miners in the cryptocurrency space and holder of several patents in blockchain technology and Michael McCarthy, creative director of games like Farmville 2.</span></p>
  885. <p><span style="font-weight: 400;">In total, the Gala Games team consists of 60 people.</span></p>
  886. <h2><span style="font-weight: 400;">How Gala Games Works</span></h2>
  887. <p><span style="font-weight: 400;">Gala Games&#8217; platform was built on the Ethereum network and later migrated to the Binance Smart Chain and Polygon. </span></p>
  888. <p><span style="font-weight: 400;">Its ecosystem allows developers to create their own NFT games on its platform and others to join to play for free.</span></p>
  889. <p><span style="font-weight: 400;">Thus, all of Gala Games benefits as new projects and new players come to use it. </span></p>
  890. <p><span style="font-weight: 400;">The Gala network is secured by a triple proof mechanism that includes a proof-of-work, proof-of-stake, and proof-of-storage protocol. </span></p>
  891. <p><span style="font-weight: 400;">The so-called Founder&#8217;s Nodes are the key element of the Gala Games ecosystem.</span></p>
  892. <p><span style="font-weight: 400;">These special network nodes validate game transactions, secure the network, and have governance rights on the platform by voting on key issues such as which games to feature and how the reward system in games should work. </span></p>
  893. <p><span style="font-weight: 400;">Currently, there are about 20,000 founding nodes, and the total number of nodes is capped at 50,000.</span></p>
  894. <p><span style="font-weight: 400;">Node operators receive GALA tokens as rewards according to a points system. </span></p>
  895. <p><span style="font-weight: 400;">If you wish to obtain a node license, you can buy Founder&#8217;s Nodes in the Gala Games Marketplace.  </span></p>
  896. <h2><span style="font-weight: 400;">Gala Games Marketplace</span></h2>
  897. <p><span style="font-weight: 400;">The Gala Games ecosystem has a marketplace where users can buy and sell assets from the different games within it.</span></p>
  898. <p><span style="font-weight: 400;">NFTs are traded with GALA, Ether or BAT (Basic Attention Token). </span></p>
  899. <p><span style="font-weight: 400;">In the marketplace you can also find the VOX collection, which are collectible NFT avatars from Gala Games. </span></p>
  900. <p><span style="font-weight: 400;">Each VOX is unique and embodies a sense of rarity. Initially they were issued for an average price of 0.0888 ETH.</span></p>
  901. <p><span style="font-weight: 400;">Beyond just being an NFT avatar, the VOX has other uses. Its holders can block GALA and earn VOXcoin.</span></p>
  902. <p><span style="font-weight: 400;">VOX owners can also animate their avatars or 3D print their avatars in the future.</span></p>
  903. <h2><span style="font-weight: 400;">The GALA Token</span></h2>
  904. <p><span style="font-weight: 400;">GALA is the native utility token of the Gala Games platform. It is an ERC-20 asset developed on the Ethereum network.</span></p>
  905. <p><span style="font-weight: 400;">GALA is used as a medium of exchange between Gala Games participants, as well as being a form of reward for node operators. </span></p>
  906. <p><span style="font-weight: 400;">Currently the circulating stock of GALA tokens is approximately 7 billion and its total maximum supply will be 35 billion.</span></p>
  907. <h2><span style="font-weight: 400;">Is it worth investing in GALA?</span></h2>
  908. <p><span style="font-weight: 400;">Gala Games is the result of the development of the Blockchain gaming industry that uses NFTs to reward players.</span></p>
  909. <p><span style="font-weight: 400;">The increase in the number of active users on Gala is an indicator that the ecosystem is becoming more popular.</span></p>
  910. <p><span style="font-weight: 400;">However, investors should consider the existing competition in blockchain-based games, including Sky Mavis, makers of Axie Infinity, and other metaverse games like Decentraland and The Sandbox.</span></p>
  911. <p><span style="font-weight: 400;">The big advantage of GALA is that because its platform encourages the development of new games, you won&#8217;t be investing in any specific game, but in multiple games present in its ecosystem.</span></p>
  912. <p><span style="font-weight: 400;">Investing in crypto assets is highly volatile, so look for ways to minimize your risks and invest only what you are willing to lose.</span></p>
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  928. ]]></content:encoded>
  929. <post-id xmlns="com-wordpress:feed-additions:1">4558</post-id> </item>
  930. <item>
  931. <title>How to connect the controller with Android TV and Google TV</title>
  932. <link>https://digiitallife.com/how-to-connect-the-controller-with-android-tv-and-google-tv/</link>
  933. <dc:creator><![CDATA[akbarnoire]]></dc:creator>
  934. <pubDate>Tue, 06 May 2025 18:53:17 +0000</pubDate>
  935. <category><![CDATA[How to]]></category>
  936. <guid isPermaLink="false">https://digiitallife.com/?p=4556</guid>
  937.  
  938. <description><![CDATA[Find out how to connect the controller with Android TV and Google TV. Many users like to play games on their smart TV in their spare time, whether they have a PlayStation or not. If you have a remote, you can easily connect it to your Android TV or Google TV for a better game ... <a title="How to connect the controller with Android TV and Google TV" class="read-more" href="https://digiitallife.com/how-to-connect-the-controller-with-android-tv-and-google-tv/" aria-label="Read more about How to connect the controller with Android TV and Google TV">Read more</a><div class='yarpp yarpp-related yarpp-related-rss yarpp-template-list'>
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  952. </div>
  953. ]]></description>
  954. <content:encoded><![CDATA[<p><span style="font-weight: 400;">Find out how to connect the controller with Android TV and Google TV. Many users like to play games on their smart TV in their spare time, whether they have a PlayStation or not. If you have a remote, you can easily connect it to your Android TV or Google TV for a better game control experience. Find out how below.</span></p>
  955. <p><span style="font-weight: 400;">Android TV and Google TV support many different types of remotes. Since most modern wireless consoles are Bluetooth enabled, it&#8217;s easy to connect them to your Smart TV. Of course, after connecting the controller to the smart TV, you can play an Android game or access the cloud-based game streaming service, in addition to the ability to navigate and control the smart TV interface.</span></p>
  956. <h2><span style="font-weight: 400;">Connect the controller with Android TV and Google TV</span></h2>
  957. <ul>
  958. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">To get started, select your profile on the main screen, then head to the Settings option.</span></li>
  959. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Under the Settings page, scroll down and tap on Remote Controls and Accessories &#8220;Remote Controls and Accessories&#8221;.</span></li>
  960. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Now select a Pair Remote or Accessory option &#8220;Pair Remote or Accessory&#8221;.</span></li>
  961. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Put your console in pairing mode. If you don&#8217;t know how to do this, you can do a simple Google search and you&#8217;ll know how to do it because it varies by remote type. Once you put the device in pairing mode, it will appear on the screen. Select it and then click on Pair.</span></li>
  962. <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">You can now go back to the previous menu and you will see the name of the remote listed. It has been successfully and easily connected to your Android TV or Google TV.</span></li>
  963. </ul>
  964. <p><span style="font-weight: 400;">That&#8217;s it, you can now enjoy a better gaming experience. You may need to configure the console for some games to work properly, but this is rare, as many consoles are natively supported.</span></p>
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